With Tata Motors subsidiary taking over Ford's passenger vehicle (PV) manufacturing unit at Sanand in Gujarat, uncertainty over the future of Ford's Maraimalai Nagar unit in Tamil Nadu continues, with workers protesting on Thursday demanding a better severance package. There are over 2,000 employees working at the unit. On Thursday, there was a meeting between agitating employees and the state labour department. The workers started protests at the Chennai unit after Tata Passenger Electric Mobility signed a tripartite memorandum of understanding with Ford India and the Government of Gujarat for acquisition of Ford's PV manufacturing plant at Sanand.
India's PV Sindhu, drawn in easy group, faces Israel's Ksenia in opener.
Double Olympic medallist PV Sindhu will spearhead the women's challenge in both the Commonwealth and Asian Games while London Olympics bronze winner Saina Nehwal did not expectedly feature in the squads.
Against the unseeded Tunjung, Sindhu started on a bright note and played aggressively to surge to a 10-5 lead. She used her experience and reach to engage her opponents in long rallies initially.
Reigning women's singles Olympic badminton champion Carolina Marin of Spain has withdrawn from the Tokyo games due to a knee ligament injury.
Passenger vehicle wholesales in India witnessed a 21 per cent annual growth in August, riding on improved supplies of semiconductors and festive demand, according to the Society of Indian Automobile Manufacturers. As per the latest data released by industry body Society of Indian Automobile Manufacturers (SIAM), passenger vehicle (PV) dispatches to dealers stood at 281,210 units last month, against 232,224 units in August 2021. Passenger car wholesales were up 23 per cent at 133,477 units last month, as against 108,508 units in the year-ago period, SIAM said.
Domestic passenger vehicle retail sales declined eight per cent in February as the companies continued to suffer production loss due to chip shortage, automobile dealers' body FADA said on Friday. The passenger vehicle (PV) sales dropped to 2,38,096 units last month, down 7.84 per cent from 2,58,337 units in February 2021. "Even though the passenger vehicle (PV) segment saw some launches and slight respite in supply due to better production, it was not enough to meet customer demand. "Vehicle waiting period thus remains similar to what it was in the past few months," FADA president Vinkesh Gulati stated.
Sindhu, seeded third, was not at her usual best and trailed her Japanese opponent from the start in both the games.
Leading automakers Maruti Suzuki India, Hyundai and Tata Motors reported a double-digit increase in dispatches to dealers in April as the demand remained robust especially for the sports utility vehicles. The country's largest car maker Maruti Suzuki India (MSI) said its domestic passenger vehicle wholesales rose 13 per cent to 137,320 units last month as against 121,995 units in April 2022. Sales of mini cars, comprising Alto and S-Presso, fell 18 per cent to 14,110 units as compared with 17,137 units a year ago.
Passenger vehicle wholesales in India declined nearly 4 per cent to 279,501 units last month, auto industry body SIAM said on Wednesday. Passenger vehicle (PV) dispatches from factories to dealerships in March 2021 stood at 290,939 units. As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales also fell 21 per cent to 11,84,210 units as compared with 14,96,806 vehicles in March 2021.
Brokerages expect India Inc to report an upturn in earnings for the March quarter of 2022-23, after a relatively muted showing in the previous two quarters. This growth is expected to be led by banking, financial services and insurance (BFSI) companies, FMCG firms, and automobile makers. The combined net profit of the Nifty50 companies (excluding Adani Enterprises) is expected to have grown 15.6 per cent to Rs 1.77 trillion in Q4FY23, from Rs 1.53 trillion a year ago.
India's fancied shuttlers didn't break a sweat on way to completing a 5-0 sweep of Pakistan in their mixed team campaign opener at the 22nd Commonwealth Games in Birmingham on Friday.
When the House met on Wednesday morning, Speaker Om Birla told the protesting members that he would give them an opportunity to raise the issues during the Zero Hour.
However, the AICC general secretary Jairam Ramesh said the SC committee has limited terms of reference and 'cannot bring out the deep nexus between' the prime minister and the billionaire businessman.
First-time buyers of cars and sport utility vehicles (SUVs) have made a comeback, shows last year's data from top passenger vehicle (PV) makers. If the trend persists, it may move the needle on the overall car penetration ratio. India's car penetration ratio is 32 per 1,000 people - one of the lowest, compared to mature car markets like the US and Europe.
Sindhu progressed to the quarterfinals with an easy straight-game win over Japan's Aya Ohori
The business will also see a change of guard. Shailesh Chandra, president of EV and corporate strategy, will replace Mayank Pareek as president of PV business, including EV, with effect from April 1. Pareek will be superannuating from the company after a six-year stint at the end of February 2021. Chandra and Pareek will work on transition over the next few weeks.
Also seen interacting with Prime Minister Modi was Olympic gold medallist javelin thrower Neeraj Chopra over a bowl of choorma.
Automobile retail sales in India rose 11 per cent in September as better supplies from manufacturers enabled dealers to ramp up customer deliveries amid the ongoing festive period, Federation Of Automobile Dealers Associations said on Tuesday. Last month, total retail sales stood at 14,64,001 units as compared to 13,19,647 units in September 2021. FADA noted that October is expected to witness even better overall sales due to the festive season further gathering steam.
Two-time Olympic medallist P V Sindhu reached the women's singles final of the Syed Modi International badminton tournament after her fifth seeded Russian opponent Evgeniya Kosetskaya retired hurt midway into their semi-final in Lucknow on Saturday.
The note, posted on her Twitter handle, took her fans by surprise but that was only one part of the whole message she was trying to make.
Sindhu expectedly faced no resistance from Uganda's Husina Kobugabe, winning 21-10, 21-9 in her pre-quarterfinal match.
Double Olympic medallist, Sindhu faces top seed and World No 1 Tai Tzu Ying of Chinese Taipei in the quarter-finals. Ying beat Scotland's Kirsty Gilmour 21-10, 19-21, 21-11 to advance.
Sindhu was made to toil hard by China's He Bing Jiao
The fifth seed Indian lost 21-12, 10-21, 19-21 in his opening round men's singles tie that lasted 56 minutes.
The Warren Buffet-backed Chinese electric vehicle manufacturer BYD will be unveiling a Born Electric SUV for the Indian market by the fourth quarter of the current calendar year. The deliveries of the same would begin in January, the company's top official said. This will be the first Born Electric SUV in the mass market. The Born Electric models from Tata Motors and Mahindra and Mahindra would be launched from 2024. BYD has been selling the E6 MPV in the Indian market since 2021.
Domestic passenger vehicle retail sales in March declined by 4.87 per cent to 271,358 units, as compared to the same month last year, automobile dealers' body FADA said on Tuesday. According to the Federation of Automobile Dealers Associations (FADA), PV sales stood at 285,240 units in March 2021. "Passenger vehicles continue to see high demand and long waiting periods as semiconductor availability still remains a challenge, even though supplies slightly improved from previous month," FADA president Vinkesh Gulati noted.
Sindhu squandered a game lead to lose 13-21, 21-15, 21-13 to the second seed Tai Tzu
The Indian men's team will face Chinese Taipei in group C of Thomas Cup Final later in the day.
Passenger vehicle market leaders Maruti Suzuki and Hyundai on Saturday reported a decline in wholesales in December 2021, although homegrown majors Tata Motors and Mahindra & Mahindra reported growth, amid semiconductor shortage continuing to impact production. Other manufacturers Nissan and Skoda also reported an increase in December 2021 sales although Honda Cars India witnessed a decline last month. The country's largest carmaker Maruti Suzuki India (MSI) reported a 4 per cent fall in wholesales to 153,149 units in December 2021 as against 160,226 units a year ago.
Asia's richest man Gautam Adani on Wednesday said his ports-to-power conglomerate will build three giga factories for manufacturing solar modules, wind turbines, and hydrogen electrolyzers as part of a $70 billion investment in clean energy by 2030. Adani group is stepping up investments across the green energy value chain as it aims to become the world's top renewable energy producer by 2030. "The Adani Group has already committed $70 billion (for climate change and green energy).
Domestic passenger vehicles sales rose by 23 per cent to a record of 37.93 lakh units in 2022 led by the likes of Maruti Suzuki, Hyundai and Tata Motors as the companies rode on easing of pandemic related challenges and semiconductor shortages to cash in on pent up demand, specially for SUVs. Other manufacturers like Toyota Kirloskar Motor and Skoda India also reported record sales in 2022. "The industry wholesales in January to December 2022 were just short of 38 lakh units.
The National Investigation Agency (NIA) on Wednesday took over the probe into the seizure of 2,988 kg narcotic at the Mundra port in Gujarat, an official said.
None of the other three quarters boast of such a strong star cast but there would be a few mouth-watering opening round clashes to look forward to.
Congratulatory messages pour in for badminton superstar PV Sindhu on winning her second Olympic medal on Sunday.
India's sports stars including badminton P V Sindhu was conferred the Padma Bhushan -- the country's third-highest civilian award, while women's football icon Bembem Devi, archer Tarundeep Rai and women's hockey captain Rani Rampal were conferred with the Padma Shri.
Domestic passenger vehicle (PV) sales saw a significant growth in October due to increased availability of semiconductor chips and rising consumer confidence. The sales figures during the month - which coincided with the first post-Covid festival season - released by the top ten carmakers saw a jump of 30.7 per cent to 322,885 units in October. Auto companies count wholesales - units dispatched to dealers - as sales.
India's sportsperson could not perform well in the past due to nepotism and corruption but his government cleaned up the system, he said.
Several athletes, including the hockey men's and women's teams of India, took part in the flag-hoisting ceremony at the CWG Village on Thursday.
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